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Dec 27, 2012
12/12
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FBC
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medicaid deficit finance right now. those are key parts of a safe bet that we'll b will be fallinr their own financial weight unless they are fixed. what we really have to do on behalf of the next generation. gerri: they want to raise the debt ceiling again, as a matter of fact by monday we will be out of dough. it is unconscionable to me we are in this position again. let's remember what happened last time. the market sold off, the economy went into the tank. will that happen all over again? >> i think it is a serious possibilities out like to make that they don't mix the debt ceiling in with the fiscal cliff. we have to get to next without a self-inflicted recession and take on the debt ceiling which a symptom of the national debt. if we can deal with the national debt, we can get a deal on the debt ceiling. but that is a lot of work. gerri: the war of words going on is not helping. harry reid saying it is republicans fault and somebody from boehner's office said harry reid has to talk less and legislate more. it is c
medicaid deficit finance right now. those are key parts of a safe bet that we'll b will be fallinr their own financial weight unless they are fixed. what we really have to do on behalf of the next generation. gerri: they want to raise the debt ceiling again, as a matter of fact by monday we will be out of dough. it is unconscionable to me we are in this position again. let's remember what happened last time. the market sold off, the economy went into the tank. will that happen all over again?...
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Dec 31, 2012
12/12
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KBCW
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. >> they withdrew the proposal but cut the deficit by slowing social security. there is some movement as both sides try compromise about which americans start paying tax rates. >> republicans don't want to see new revenues, in other words democrat tax increase being used for new spending. >> in unusual move republicans called for a no. 2 democrat, biden to help with negotiations as the white house places a lot of blame on the impasse. >> they say the bill biggest priority is we deal with the debit. their way is the only priority that tax breaks for wealth americans are protected. >> if a deal isn't reached, the president wants to introduce legislation to keep tax cuts for people earning more than 200 thousand a year. >> it wasn't only grid lock in washington. they are going to keep milk prices from rising next month. the agriculture secretary of state says without it we could pay $7 a gallon. >> >>> the woman charged for pushing a man from a platform on a subway train. the 31 year-old was quoted by the district attorney's office saying it would be cool pushing s
. >> they withdrew the proposal but cut the deficit by slowing social security. there is some movement as both sides try compromise about which americans start paying tax rates. >> republicans don't want to see new revenues, in other words democrat tax increase being used for new spending. >> in unusual move republicans called for a no. 2 democrat, biden to help with negotiations as the white house places a lot of blame on the impasse. >> they say the bill biggest...
SFGTV2: San Francisco Government Television
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Dec 27, 2012
12/12
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SFGTV2
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even though our deficit is not as large as it has been, it is tough because we have made these cuts already, and did this point, we are cutting things we really do not want to cut. and it is painful. we will lose more potential services. we will also not be able to support our residents. we are looking at weekend meals for seniors. it is painful. i think we have to look at it as a combined approach. it has to be cut within city government that we can bear -- services that are less essential. second, you have to look at raising revenue in the city. i think it needs to be a combination. and third, need to be much better informed, and we have to ask our public employees to look at the budget. and they already have, but also to look back. it is a threefold approach to me. >> what are the city's housing needs him much of the board of supervisors to to address them? supervisor kim: it is tough, because we depend on the market to build housing for our residents we build at over 150% of the need. we are building over the need of the market rates. we are actually building at roughly 80% of that need
even though our deficit is not as large as it has been, it is tough because we have made these cuts already, and did this point, we are cutting things we really do not want to cut. and it is painful. we will lose more potential services. we will also not be able to support our residents. we are looking at weekend meals for seniors. it is painful. i think we have to look at it as a combined approach. it has to be cut within city government that we can bear -- services that are less essential....
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Dec 31, 2012
12/12
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KPIX
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. >> they quickly cut the deficit by slowing the growth of social security but the senate says there is a little bit of movement when they are compromising which americans should should get ready to pay a higher tax rate. >> reporter: in an unusual move republicans here on capitol hill called on the nation's number 2 democrat, vice president joe biden, to help in negotiations, this as the white house puts the blame on the impasse on the gop. >> they say the biggest priority is making sure we deal with the deficit in a serious way. the way they are behaving is the only priority is making sure tax breaks for the wealthiest americans are protected. >> reporter: if a deal is not reached the president wants controlled senate to introduce legislation to keep tax cuts for couples earning up to $250,000 a year and keep unemployment benefits. here is an example of the move: the house speaker's last offer was maintaining tax cuts for $1 million or more or less, rather, the president was saying it has to be $250,000 or less. now democrats numberses moved up to possibly 350,000 or $400,000, so,
. >> they quickly cut the deficit by slowing the growth of social security but the senate says there is a little bit of movement when they are compromising which americans should should get ready to pay a higher tax rate. >> reporter: in an unusual move republicans here on capitol hill called on the nation's number 2 democrat, vice president joe biden, to help in negotiations, this as the white house puts the blame on the impasse on the gop. >> they say the biggest priority is...
367
367
Dec 29, 2012
12/12
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KGO
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eye 367
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congress agreed to steep a spending cuts going into reduce the deficit. cuts now are just around the corner. >> the president says he's optimistic but did f.a deal can not be reached he'll tell hairy reid to introduce a fall back bill. >> put a bill making sure tax on middle class families don't goup, that unemployment is available for two million people z that lays ground work for additional deficit reductions and economic growth steps we can take in the new year. >> the bill, as the president calls bare minimum isn't what many hoped for, pushing off until next year, larger pron lems of dealing with the cuts. the study by george mason university found cuts will result in two million jobs lost and a $215 billion drop in the nation's gross domestic product. for california, it means defense spending will be cut by half a billion dollars, 12,000 children would lose their access to head head start programs and fewer women would receive screening. 7,000 victims of domestic violence would lose services. 8,000 fewer californians tested for hiv. 296,000 students
congress agreed to steep a spending cuts going into reduce the deficit. cuts now are just around the corner. >> the president says he's optimistic but did f.a deal can not be reached he'll tell hairy reid to introduce a fall back bill. >> put a bill making sure tax on middle class families don't goup, that unemployment is available for two million people z that lays ground work for additional deficit reductions and economic growth steps we can take in the new year. >> the...
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Dec 30, 2012
12/12
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KBCW
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eye 117
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with the deficit ticking higher, patience is wearing thin. >> for those of us that invest in the stock market, it's disgusting to watch them jockey around with our money. we're affected every day. >> reporter: missing in all the last-minute negotiations is talk of the $1.2 million in mandatory spending cuts scheduled to go into effect tuesday. >>> if the government does go over the cliff, the impact on the aviation industry could be disastrous, and it could have a domino effect on the economy. the transportation security administration could lose about 7% of its budget, and more than 7,000 security officers. passengers could face longer waits at security. the faa could see its budget cut, and that means fewer planes, passengers, and cargo. >> everybody's pocketbook and livelihood is tied to the aviation system. the impact of it not being able to provide the service they do today would be devastating. >> if washington can't reach a compromise, are the economic recovery could stall. >>> a new york woman has been charged with murder as a hate crime for allegedly pushing a man in front of
with the deficit ticking higher, patience is wearing thin. >> for those of us that invest in the stock market, it's disgusting to watch them jockey around with our money. we're affected every day. >> reporter: missing in all the last-minute negotiations is talk of the $1.2 million in mandatory spending cuts scheduled to go into effect tuesday. >>> if the government does go over the cliff, the impact on the aviation industry could be disastrous, and it could have a domino...
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Dec 30, 2012
12/12
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CNNW
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the bad news i don't think we'll have meaningful deficit reduction and this is going to keep dragging on and on. >> you advocate for raising the capital gains tax which could make main street owe a lot more money than it does now. that is being discussed as part of a fiscal cliff deal but money believe that will hurt the economy and giving a disincentive to invest money. is that just focused on the real wealthy? >> i hear that argument a lot. number one, i'm really tired of our tax policy decisions and everything being made by what the market is going to do in the next quarter. look, this is an aberration and the tax code and grossly unfair. you look at say they raise tax rates, the top tax rate to 39.6% for those making more than $500,000, that's going to mean a lot of small businesses are going to pay that nearly 40% marginal tax rate where you have billionaire private equity funds paying 15, 20 or even 24 depending on where they put it. not an issue of penalizing investment income but penalizing labor and those who make their income through wages and they should both be taxed at th
the bad news i don't think we'll have meaningful deficit reduction and this is going to keep dragging on and on. >> you advocate for raising the capital gains tax which could make main street owe a lot more money than it does now. that is being discussed as part of a fiscal cliff deal but money believe that will hurt the economy and giving a disincentive to invest money. is that just focused on the real wealthy? >> i hear that argument a lot. number one, i'm really tired of our tax...
SFGTV: San Francisco Government Television
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Dec 31, 2012
12/12
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SFGTV
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the mayor's office is currently projecting a 263 million dollar deficit for that two year period and that shortfall results from approximately 344 million dollars in known cost increases which is offset by 81 million dollars in estimated revenue growth over the same period. as always, this gap will have to be closed by the time the mayor submits his report, general funding departments reduced our budget, our general fund support by 3% over the next two fiscal years and they've asked us to make a 1 and a half percent cut in 13-14 and a 1 and a half percent cost in 14-15, the budget reduction targets that we received from the mayor's budget office are 465 thousand dollar reduction next year and a 558 thousand dollar reduction the next year, so in the scope of the budget reduction that they have received over the last three or four years, this is eminently manageable. two years ago, we were asked to make a 20% budget cut, so this is something that feels like we can accomplish hopefully with relatively little pain. we would hope to meet this 3% target as well as any cost increases in our
the mayor's office is currently projecting a 263 million dollar deficit for that two year period and that shortfall results from approximately 344 million dollars in known cost increases which is offset by 81 million dollars in estimated revenue growth over the same period. as always, this gap will have to be closed by the time the mayor submits his report, general funding departments reduced our budget, our general fund support by 3% over the next two fiscal years and they've asked us to make...
SFGTV2: San Francisco Government Television
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69
Dec 31, 2012
12/12
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SFGTV2
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eye 69
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overall, our budget, we are in our fifth year of major budget deficits. i have been chair of the budget committee for the past couple of years. i am still involved in budget issues. i want to make sure i can be helpful to my colleagues who are grappling with our huge deficit. it is inevitable that we are going to make painful cuts, so how do we do it in a way that will minimize the impact to every day san franciscans, how can we keep our parks in good conditions? how do we maintain our safety net for public health services, public security services, public safety? all these are critical decision that need to be made. the pension question is something that comes up. the cost of our pension liability will cost the city, especially because of our investments in the market have come down since 2008. we are spending more of our general fund to pay our pension costs. that is a big challenge. it is a long-term problem, but it also has short-term implications. we know right away we are not going to have the enough money as we need to cover our services and pensio
overall, our budget, we are in our fifth year of major budget deficits. i have been chair of the budget committee for the past couple of years. i am still involved in budget issues. i want to make sure i can be helpful to my colleagues who are grappling with our huge deficit. it is inevitable that we are going to make painful cuts, so how do we do it in a way that will minimize the impact to every day san franciscans, how can we keep our parks in good conditions? how do we maintain our safety...
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Jan 1, 2013
01/13
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KCSMMHZ
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context of a larger agreement, bigger deal, a grand bargain, whatever you want to call it that solves our deficit problems in a responsible way. does not just deal with the taxes but deals with the spending so that we can put it behind us and focus on just growing our economy. >> the plan would permanently raise taxes on households making more than $450,000 while continuing tax breaks from businesses and extend unemployment benefits through 2013 and keep popular tax credits for middle class families until 2018. a decision on spending cuts has been delayed until march. stock markets begin the new year on wednesday when washington will find out what wall street thinks of congress' last ditch compromise. >> we will talk more about this latest deal. for that i am joined by our business correspondent. as we heard hard fought compromise in the senate at least but not everybody seems to be too satisfied. >> it is a compromise. both sides had to withdraw from their original positions. democrats wanted to raise taxes for yearly family incomes starting at $25,000. now it has been pushed to $450,000. if you
context of a larger agreement, bigger deal, a grand bargain, whatever you want to call it that solves our deficit problems in a responsible way. does not just deal with the taxes but deals with the spending so that we can put it behind us and focus on just growing our economy. >> the plan would permanently raise taxes on households making more than $450,000 while continuing tax breaks from businesses and extend unemployment benefits through 2013 and keep popular tax credits for middle...
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Dec 31, 2012
12/12
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KTVU
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eye 352
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boehner issued a statement that says republicans have made every effort to reach the balanced deficit agreement that the president promised the american people. we've been reasonable and responsible. the president is the one who has never been able to get to yes. >> what the people reelected me for is to put together a -- >>> the dairy cliff may not see a vote before 2013. leaders from the house and senate agricultural committees agreed to a one year extension of the farm bill. but there's been no time to get a full vote. without passage of the bill, milk prices could rise sharply. estimates are that a gallon of milk could go up to $8 a gallon. >>> prices for just about everything in california are about to go up. coming up at 10:30, what's behind the price increases and when you'll have to stay parting more. >>> tonight doctors in new york are treating secretary of state hillary clinton for a blood clot. her spokesman said hillary clinton's doctors discovered the clot during a follow up exam. mrs.clinton was immediately admitted into a new york hospital where doctors will monitor her
boehner issued a statement that says republicans have made every effort to reach the balanced deficit agreement that the president promised the american people. we've been reasonable and responsible. the president is the one who has never been able to get to yes. >> what the people reelected me for is to put together a -- >>> the dairy cliff may not see a vote before 2013. leaders from the house and senate agricultural committees agreed to a one year extension of the farm bill....
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Dec 26, 2012
12/12
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KQED
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eye 193
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>> i hope we'll some kind to an agreement soon but whatever happen there ises is s going to be deficit cutting and we'll have to face decisions so that could be rough. >> ifill: stacy palmer, jacque simon and hugh johnson of johnson illington advisories, i wanted to get the title right, thank you all very much. >> thank you. >> warner: next to egypt, where a hotly debated new constitution went into effect today. egyptian president mohamed morsi addressed a deeply divided nation this evening, calling for his countrymen to unite behind the new constitution. >> ( translated ): to all egyptian people, you kind people, men and women, we stand today to celebrate our new constitution. it's a historic day. egypt and egyptians now have a free constitution-- it's not a grant from a king, imposed by a president or imposed by an occupier. it's a constitution selected by the egyptian people at their own free will. >> warner: the document, which morsi signed into law last night, was approved by voters, after months of street turmoil, and accusations that he and his muslim brotherhood rammed the char
>> i hope we'll some kind to an agreement soon but whatever happen there ises is s going to be deficit cutting and we'll have to face decisions so that could be rough. >> ifill: stacy palmer, jacque simon and hugh johnson of johnson illington advisories, i wanted to get the title right, thank you all very much. >> thank you. >> warner: next to egypt, where a hotly debated new constitution went into effect today. egyptian president mohamed morsi addressed a deeply divided...
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Dec 29, 2012
12/12
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KQED
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eye 161
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there isn't a structural deficit anymore. there's $1.9 billion -- >> yeah. >> but that is small. it was $25 billion just a couple years ago. this problem is a good part of the way toward being solved, and i think if people would have -- i don't think people even still completely understand that. and to me, the big question is, are the democrats, now that they have two-thirds majorities in each house, are they going to blow it up again and create new deficits like when gray davis was in charge, by rewarding in spending and locking in unions and things like that. >> and i think the democrats do have the supermajority in both the state senate and the state assembly, but a lot of the new freshmen coming in are from more centrist districts. they won by small margins, and i don't think it's a foregone conclusion that they're going to be steam-rollering with big government. voters also passed prop 39, which closed a corporate tax option of -- some would call it a loophole to pay a lower tax. that brings another $1 billion into the state budget. and for -- >> some of that's earmarked, th
there isn't a structural deficit anymore. there's $1.9 billion -- >> yeah. >> but that is small. it was $25 billion just a couple years ago. this problem is a good part of the way toward being solved, and i think if people would have -- i don't think people even still completely understand that. and to me, the big question is, are the democrats, now that they have two-thirds majorities in each house, are they going to blow it up again and create new deficits like when gray davis was...
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Jan 1, 2013
01/13
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KSTS
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la cifra en el deficit es de 109 mil millones de dolares, los cuales tienen que salir de algun lado. y si el senado y el presidente obama no llega a ningun acuerdo, pues seria de nuestros impuestos... o mejor aun, de un aumento de ellos ;01 ;39 1;22 1;31 trt 02;07 take pkg el aÑo se despide con un pulso politico que hunde aun pero el pais entero espera que en el termino de esta semana se logre un acuerdo para aumentar impuestos a quienes ganan mas de 250,000... aunque el senado quiere que sea a quienes ganan mas de 400 mil dolares, pero el pais necesita un acurerdo inmediato, sin aumento de impuestos... blanca ---en otras noticias, faltan pocas horas para que miles de personas le digan adios al 2012 en el area de la bahia. take vo ---en san francisco, ya comenzaron los preparativos para la celebracion de esta noche en la "embarcadero" que incluye juegos pirotecnicos, musica y mucha alegria. ---el espectaculo comienza a la medianoche y es gratis para el publico. ---los organizadore s dicen que la celebracion durar 15 minutos y aseguran que ser mejor que la del aÑo pasado. blanca ---
la cifra en el deficit es de 109 mil millones de dolares, los cuales tienen que salir de algun lado. y si el senado y el presidente obama no llega a ningun acuerdo, pues seria de nuestros impuestos... o mejor aun, de un aumento de ellos ;01 ;39 1;22 1;31 trt 02;07 take pkg el aÑo se despide con un pulso politico que hunde aun pero el pais entero espera que en el termino de esta semana se logre un acuerdo para aumentar impuestos a quienes ganan mas de 250,000... aunque el senado quiere que sea...
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Jan 1, 2013
01/13
by
KTVU
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eye 367
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. >> after years of deficits in california there is finally light at the end of the tunnel but that would change if the nation goes over the fiscal cliff. ktvu's ken pritchett is live with how failure in washington will hurt california. . >> reporter: reaching a deal tonight would be important. people next month make less money so they spend less and within 5 weeks california will see sales tax revenue drop. if there is no deal tax increases kick in, smaller pay checks for most americans. >> reporter: [ inaudible question ] >> absolutely. >> the unknown. >> i would not do the emotional shopping. it would be more the need. instead of the want. >> less spending, a rapid hit to the economy. >> february when we see the january sales tax receipts we may see a dip. >> reporter: california could be back to a big budget deficit. >> that could translate into a hit of $11 billion over two years. >> reporter: all of that could be avoided if a deal in washington is reached tonight. >> i don't think so. i don't think so. >> reporter: consumer spending is one of many examples of how california could be
. >> after years of deficits in california there is finally light at the end of the tunnel but that would change if the nation goes over the fiscal cliff. ktvu's ken pritchett is live with how failure in washington will hurt california. . >> reporter: reaching a deal tonight would be important. people next month make less money so they spend less and within 5 weeks california will see sales tax revenue drop. if there is no deal tax increases kick in, smaller pay checks for most...
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Dec 31, 2012
12/12
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KTVU
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. >> we have to do this in a balanced and responsible way and if we're gonna be serious about deficit and debt reduction, there will have to have be some sacrifices. >> reporter: -- there have have to be some sacrifices. >> reporter: again, no votes have been scheduled at this point. kyla campbell, ktvu channel 2 news. >> thank you. >>> with all of the focus on the fiscal cliff, a new bill to prevent the so-called dairy cliff is also in play today. the house is expected to vote on a one-year extension of the expiring u.s. farm bill. leaders from the house and senate agricultural committees have already agreed to the bill. if it's not passed, milk prices could double up to $8 a gallon. >>> a number of new laws are ahead for the new year, including one in alameda county that claims to keep plastic bags out of the hands of shoppers. new at noon, brian flores is live with a new bag ban and reaction from residents and a store manager. >> reporter: hi, david. plastic bags could be a thing of the past. starting tomorrow, shoppers are urged to bring in their own reusable bags or will be charg
. >> we have to do this in a balanced and responsible way and if we're gonna be serious about deficit and debt reduction, there will have to have be some sacrifices. >> reporter: -- there have have to be some sacrifices. >> reporter: again, no votes have been scheduled at this point. kyla campbell, ktvu channel 2 news. >> thank you. >>> with all of the focus on the fiscal cliff, a new bill to prevent the so-called dairy cliff is also in play today. the house is...
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Dec 26, 2012
12/12
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KTVU
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eye 175
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. >> last year we were in a deficit situation and we really needed to make up some ground. so luckily we have a lot of ground water storage capacity. we maintained that throughout this year and this series of storms has really helped us with our surface water storage. >>> right now lexington reservoir off highway 16 is 16% full. yubas is 17% full and the largest anderson reservoir is 41% full. >>> in oakland police are investigating multiple shootings including a homicide which happened this afternoon. neighbors near 24th street and chestnut neck west oakland, they heard multiple gunshots at about 2:30, our photographer accounted a total of 20 shell casings on the ground at two different crime scenes in the area. we are told that the victim is a man but his name has not been released there is no word on suspects or arrests. >>> in oakland they're investigating a shooting that injured two inside of a church. they were shot by stray bullets around 9:00 last night. most people are in stable condition right now. police say they have no suspects at this time. >>> a 24 hour strik
. >> last year we were in a deficit situation and we really needed to make up some ground. so luckily we have a lot of ground water storage capacity. we maintained that throughout this year and this series of storms has really helped us with our surface water storage. >>> right now lexington reservoir off highway 16 is 16% full. yubas is 17% full and the largest anderson reservoir is 41% full. >>> in oakland police are investigating multiple shootings including a...
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Dec 26, 2012
12/12
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FBC
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eye 185
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deficit $536 billion. $536 million. back then social security made up 6.5%. 6.5%. of the federal budget. 6.5%. the decayed and medicare didn't exist back then. let's compare that to what we are doing now. a 20% of the budget on social security, and then we throw a 21% more of the federal budget for medicare, medicaid, and another 13% for other social programs, food stamps. so that comes up to a whopping 54% of the budget. 54%. forgot to mention this. it is kind of important, isn't it? back than median family income was about $38,000. $38,000. today it is $62,000. we will pretend that looks like a two and that looks like a six. we haven't done too well, more than half a century in raising a the median income ine this country and that is something he is right about, we do have to fix that. imagine this, it's got a nobel prize. the unions made up 24% read today that number a rather convenient because a reduction by half of 12% right now. it tells which were the country is moving in this nostalgia for a 91% tax rate. i want
deficit $536 billion. $536 million. back then social security made up 6.5%. 6.5%. of the federal budget. 6.5%. the decayed and medicare didn't exist back then. let's compare that to what we are doing now. a 20% of the budget on social security, and then we throw a 21% more of the federal budget for medicare, medicaid, and another 13% for other social programs, food stamps. so that comes up to a whopping 54% of the budget. 54%. forgot to mention this. it is kind of important, isn't it? back than...
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456
Dec 29, 2012
12/12
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KTVU
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eye 456
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and lays the ground work for future corporation by more economic growth and deficit reduction. >>> with no agreement on the fiscal cliff extended unemployment benefits expire tomorrow for 24,000 unemployed californians. one woman says she's been out of work for two years. she said if it weren't for the long term unemployment benefits she doesn't know how she would get by. >> not being able to put food on table. not being able to pay my bills. >> those individuals and families are on their own to figure out how they're going to have an income until they have go on and have a job again. >> reporter: 1.2 million americans could lose their extended unemployment benefits nationwide. >>> cloudy and cold, all day across the entire bay area. now we're adding some rain showers to the mix. here's a look on live storm tracker 2 radar. the greens indicating light rains on the increase. even if you're covered in the green, things are changing as you can see down toward the san mateo coastline. already reporting of some light rain right around the pacifica region. right around san francisco, right ar
and lays the ground work for future corporation by more economic growth and deficit reduction. >>> with no agreement on the fiscal cliff extended unemployment benefits expire tomorrow for 24,000 unemployed californians. one woman says she's been out of work for two years. she said if it weren't for the long term unemployment benefits she doesn't know how she would get by. >> not being able to put food on table. not being able to pay my bills. >> those individuals and...
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148
Dec 31, 2012
12/12
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KPIX
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eye 148
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. >> >> they say the biggest thing is taking care of the deficit. the way they are behaving the only priority is tax rates for wealthiest americans are protected. >> >> reporter: if the deal is not reached they want the senate to introduce legislation to keep the tax credit for $250,000 a year and keep unemployment benefits, back to you. >> it was not all gridlock in washington, though, both parties were able to agree to a one-year extension of the farm bill that expired in october. once it is passed the bill extends the threat of milk prices doubling next month. consumers were facing the prospect of paying $7 a gallon if the dairy program lapsed. >> reporter: you can keep tabs on the if fiscal cliff talk, 24/7 bilogging on to our web site, cbssf.com. >>> checking bay area headlines, the police still searching for the police who mugged a woman and killed her dog. the woman was looking for her cell phone in her car in the tender loin on friday when a man attempted to rob here. then grab her 12-year-old dog and hurled it into traffic. the police are c
. >> >> they say the biggest thing is taking care of the deficit. the way they are behaving the only priority is tax rates for wealthiest americans are protected. >> >> reporter: if the deal is not reached they want the senate to introduce legislation to keep the tax credit for $250,000 a year and keep unemployment benefits, back to you. >> it was not all gridlock in washington, though, both parties were able to agree to a one-year extension of the farm bill that...
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77
Dec 30, 2012
12/12
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WUSA
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the overall fiscal pressures are going to push us that way because of the deficit issue. and the one thing i would like to add is, these choices of what systems to cut or what forces to cut would be far less difficult if we could make the defense department more efficient. and we identify in the study some $900 billion in potential savings just through greater efficiency, particularly in the way we utilize manpower. so if we could pocket that, then we wouldn't to have cut our combat forces as much. >> but let me ask you something that i've asked almost everybody in the administration. the administration is banking on huge savings from better buying power, reorganizing processes and becoming more efficient, but the trouble is what happens if the savings don't materialize? where are we going to get savings in that case? >> well, the hope is that the fiscal -- because of the fiscal pressures, the services and the congress will be more cooperative in actually implementing these savings. these efficiencies are not made up by academics like myself. these were recommended by off
the overall fiscal pressures are going to push us that way because of the deficit issue. and the one thing i would like to add is, these choices of what systems to cut or what forces to cut would be far less difficult if we could make the defense department more efficient. and we identify in the study some $900 billion in potential savings just through greater efficiency, particularly in the way we utilize manpower. so if we could pocket that, then we wouldn't to have cut our combat forces as...
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about things about shaving one hundred billion dollars when we're when we're facing trillion dollar deficits. about. you know controlling this liberty or struck me down. regulation when we should be figuring out how to how to liberate. capitalistic enterprise yeah yeah so there is that the same thing that you look at all are there any other specific things that you think are concerning to you when you talk about that long term trajectory the u.s. is on shore well you know erick speaks about and is quite correct i think to speak about the theater that is engrossing the american population as they you know you get fed the other side g.d.p. statistics. and unemployment index i'm a little more instead of with what's going on behind that theater the militarization of the police you know the rise of the police state that those kind of things that you know i mean there are trains that you don't want to see leaving the station so it sounds like it's just as much about certain civil liberties as it is about the economic condition of the u.s. and i mean can you really separate the two because we're ta
about things about shaving one hundred billion dollars when we're when we're facing trillion dollar deficits. about. you know controlling this liberty or struck me down. regulation when we should be figuring out how to how to liberate. capitalistic enterprise yeah yeah so there is that the same thing that you look at all are there any other specific things that you think are concerning to you when you talk about that long term trajectory the u.s. is on shore well you know erick speaks about and...
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Dec 31, 2012
12/12
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KRON
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this became 2011, when it came to we had the demanded that it reduce the deficit. because of the debt ceiling without a deal, the u.s. would lose its ability to borrow money. democrats, republicans, wanted a stricter tactics that shut down the government and ultimately cost the american it is trouble a credit rating in the first time in history. at the last moment, they both agreed to a trillion dollars in spending cuts and 1.2 trillion to be decided by a special congressional super committee. but a poison pill was attached. if this cannot be reached, this automatic across-the-board cuts as the sequester would go into effect starting january, 2013. at the exact moment when the abortion-era tax cuts required-bush-era tax cuts could have been expired like they did two years ago but once we often got drowned out by seemingly endless and continuous elections in america. this time, there could be a serious price to pay for it. >> another developing story tonightrussian authorities say a fifth person has died from yesterday's plane crash in moscow. she was a flight atten
this became 2011, when it came to we had the demanded that it reduce the deficit. because of the debt ceiling without a deal, the u.s. would lose its ability to borrow money. democrats, republicans, wanted a stricter tactics that shut down the government and ultimately cost the american it is trouble a credit rating in the first time in history. at the last moment, they both agreed to a trillion dollars in spending cuts and 1.2 trillion to be decided by a special congressional super committee....
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Jan 1, 2013
01/13
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FOXNEWSW
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both sides would have to come to a better, more balanced deficit and debt deal. it's hard to believe but that was almost two years ago. and now, with the clock winding down to the end of to 12, and the end of the fiscal cliff deadline, not a single piece of legislation has passed congress on this. at this hour, vice president biden is set to meet with senate democrats. you are looking live just outside of capitol hill there. we are waiting for his arrival. he will be meeting with senate democrats in hopes of ironing out a mini deal. is he actually trying to sell it to several key democratic senators who are skeptical to say the least. a big union leaders is weighing in as well. is he not happy with what he has heard of the deal so far. we're positioned just outside again for the vice president's arrival. then, inside, just outside the senate chamber, well it, there are the republicans, several senate republicans have already announced opposition. but, if whatever comes out, legislation wise makes it through the senate tonight somehow, how the house speaker and hi
both sides would have to come to a better, more balanced deficit and debt deal. it's hard to believe but that was almost two years ago. and now, with the clock winding down to the end of to 12, and the end of the fiscal cliff deadline, not a single piece of legislation has passed congress on this. at this hour, vice president biden is set to meet with senate democrats. you are looking live just outside of capitol hill there. we are waiting for his arrival. he will be meeting with senate...
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Dec 26, 2012
12/12
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you know luckily we've had a series of ongoing storms so we're not in a deficit situation. >>> currently lexington reservoir is 60% full. yubas is 90% full. >>> the sierra is get ago good dusting of snow and a lot of skiers and snow boarders are heading out that way. as you can see though the roads are a little bit messy. in just about 10 minutes we'll have a live report for you from the foothills on the difficulty getting up to the slopes. >>> and remember you can always get up to the minute weather and traffic information on ktvu.com. the information is always available on ktvu's mobile site and mobile app. >>> police are investigating a homicide in west oakland it happened around 2:30 this afternoon near 24th and chestnut streets. the victim was taken to highland hospital where he was pronounced dead. neighbors say they heard several gunshots. our photographer on the scene counted more than 20 bullet casings at two different crime scenes. >>> it has been five years now since that deadly christmas day tiger attack at the san francisco zoo. ktvu's david stevenson reports on how the vict
you know luckily we've had a series of ongoing storms so we're not in a deficit situation. >>> currently lexington reservoir is 60% full. yubas is 90% full. >>> the sierra is get ago good dusting of snow and a lot of skiers and snow boarders are heading out that way. as you can see though the roads are a little bit messy. in just about 10 minutes we'll have a live report for you from the foothills on the difficulty getting up to the slopes. >>> and remember you can...
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Dec 31, 2012
12/12
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FOXNEWSW
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we will have to do more to reduce our debt and deficit. i'm willing to do more but it will have to be balanced. >>reporter: liberal democrats have complaints. members of both parties warn as bad as going over the fiscal cliff could be it is better than a deal that looks in what each sees as problems for years. >>trace: the president admits there is still work to be done. >>reporter: still questions of how to pay the extra money medicare doctors have been given and how to keep the alternative minimum tax from burning millions of new taxpayers. in addition to the spending cuts put off until 2013. it is not a done deal. >> there are still issues left to resolve. we are hopeful congress can get it done. it is not done. part of the reason i wanted to speak to you today is to make sure we emphasize to conditioning and that members understand this is a pressing concern across america. >>reporter: the deal would not satisfy the conditions congress made for avoid the fiscal cliff and the president will not go to hawaii to avoid the fiscal cliff and
we will have to do more to reduce our debt and deficit. i'm willing to do more but it will have to be balanced. >>reporter: liberal democrats have complaints. members of both parties warn as bad as going over the fiscal cliff could be it is better than a deal that looks in what each sees as problems for years. >>trace: the president admits there is still work to be done. >>reporter: still questions of how to pay the extra money medicare doctors have been given and how to keep...
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Dec 31, 2012
12/12
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. >> they say their biggest prierity is making sure we deal with the deficit but the way we are behaving their only priority is making sure that tax breaks are protected. >> reporter: if a deal is not reached the president wants the democratic-controlled senate to introduce legislation to keep tax cuts for $250,000 a year and keep unemployment benefits. now, the focus is is on the senate. -- focus is on the senate. if by a miracle they reach an agreement there is no certainty that it will be passed by the house. with each passing hour optimism is phasing. reporting live in washington. back to you, ann. >> i think a lot of us have been thinking really there was going to be a last-minute deal. sort of a play unfolding. that is too optimistic now? people are thinking it may not happen? >> reporter: well, you know, it is going to take a lot to come up with an agreement. i mean just look at how long they have been talking about it and it has not been done. now we are a day away before the clock strikes 12? and the automatic cuts take effect. so, yes, optimism is fading, people who on sunday m
. >> they say their biggest prierity is making sure we deal with the deficit but the way we are behaving their only priority is making sure that tax breaks are protected. >> reporter: if a deal is not reached the president wants the democratic-controlled senate to introduce legislation to keep tax cuts for $250,000 a year and keep unemployment benefits. now, the focus is is on the senate. -- focus is on the senate. if by a miracle they reach an agreement there is no certainty that...
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Dec 31, 2012
12/12
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CSPAN
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the same is true for any future deficit agreement. we will have to do more to reduce our debt and deficit. i am willing to do more but it will have to be balanced. we will have to do it in a responsible way. i am willing to reduce our government's medicare bills by finding new ways to reduce the costs of health care in this country. that is something which all agree on. we want to make sure that medicare is there for future generations but the current trajectory of health care costs is going up so high that we have to find ways to make sure that it is sustainable. that kind of reform has to go hand in hand with doing some more work to reform our tax code so that wealthy individuals, the biggest corporations, cannot take advantage of loopholes and deductions that are not available to most of the folks standing up here for most americans. there is still more work to be done in the tax code to make it fair even as we are also looking at how we can strengthen something like medicare. if republicans think i will finish the job of the defic
the same is true for any future deficit agreement. we will have to do more to reduce our debt and deficit. i am willing to do more but it will have to be balanced. we will have to do it in a responsible way. i am willing to reduce our government's medicare bills by finding new ways to reduce the costs of health care in this country. that is something which all agree on. we want to make sure that medicare is there for future generations but the current trajectory of health care costs is going up...
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Jan 1, 2013
01/13
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KICU
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some financial experts say the bigger issue is an out of control federal deficit. and that part of the deal still needs to be address the. >>> u.s. stock prices higher on this final day of the year. the dow industrials rose 156 points, the nasdaq was up 59. the markets had been flat all morning, but climbed after the president's remarks that a deal seemed close at hand. 2012 seemed to be a positive year for the markets overall. the dow was up 7%. s & s & p 500 15% and the nasdaq went up nearly 16% higher than when it started. >>> secretary of state hillary clinton is in the hospital treating a blood clot. doctors say she did not suffer a stroke and expect her to make a full recovery. however clots are potentially serious if not treated. they can lead to a hemorrhage inside the brain. it's believed this blood clot is related to the concussion secretary of state clinten suffered earlier this month. >>> the accident happened near the ma colome river bridge on highway 12 east of rio vista. first reports of the accident came in 9:15 this evening. highway 12 is closed in
some financial experts say the bigger issue is an out of control federal deficit. and that part of the deal still needs to be address the. >>> u.s. stock prices higher on this final day of the year. the dow industrials rose 156 points, the nasdaq was up 59. the markets had been flat all morning, but climbed after the president's remarks that a deal seemed close at hand. 2012 seemed to be a positive year for the markets overall. the dow was up 7%. s & s & p 500 15% and the...
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Dec 26, 2012
12/12
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KTVU
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. >> last year we were in a deficit situation and we really needed to make up some ground. luckily we have a lot of ground water storage capacity. this series of storms have helped with the reservoir capacity. >>> a member of the alpine meadow ski patrol has died after being buried in an avalanche. bill foster died overnight at a reno hospital. yet the ski patrol used explosives to trigger the avalanche in a private area of the resort near lake tahoe. resort officials say the avalanche broke much higher and wider on the slope than expected burying foster in the snow. >>> we'll go to the sierra for updates on conditions there tonight as this latest storm bringing everyone more snow to the high country. you can get the latest weather conditions any time online or on your mobile device at ktvu.com. look for the link to storm tracker 2 near the top of the page. you can also follow us on twitter. we postupdates on the ktvu channel 2 facebook page. >>> police found dozens of shell casings on the ground where a man was shot and killed. neighbors told our photographer that they hea
. >> last year we were in a deficit situation and we really needed to make up some ground. luckily we have a lot of ground water storage capacity. this series of storms have helped with the reservoir capacity. >>> a member of the alpine meadow ski patrol has died after being buried in an avalanche. bill foster died overnight at a reno hospital. yet the ski patrol used explosives to trigger the avalanche in a private area of the resort near lake tahoe. resort officials say the...
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for example who are living in cairo to vote in cairo like in the nineteenth of march so we had this deficit of one million people but if we compare the numbers of referendum who won't find any differences. but figures suggest only around hull of all egyptians support the islamists so how do you intend to gain greater backing. while. again again please all right we have reports and figures in general peter gration of course the figures suggest only around hustle all egyptians in your country support there is limits how do you intend to gain greater backing. we are going to gain. this by by by time you see a lot of people are already entered by what is in the media and our media is against the islamic. parties but by time people would see how we deal with the problems and i think this willing to use our popularity in the coming. in the coming election i see also the muslim brotherhood your party has been known for its anti israel views has that position now changed probably all can we expect increased tension now between the neighboring countries egypt and israel . we don't we don't have inte
for example who are living in cairo to vote in cairo like in the nineteenth of march so we had this deficit of one million people but if we compare the numbers of referendum who won't find any differences. but figures suggest only around hull of all egyptians support the islamists so how do you intend to gain greater backing. while. again again please all right we have reports and figures in general peter gration of course the figures suggest only around hustle all egyptians in your country...
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Dec 30, 2012
12/12
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KPIX
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the bill won't address the trillions in deficit reduction, sweeping reforms and federal spending, the u.s. tax code, or stop across-the-board spending cuts. in both parties' weekly addresses, it's clear a big sticking point remains. >> it's a balanced plan one that would protect the middle class, cut spending in a responsible way, and ask the wealthiest americans to pay a little more. >> the president's tax hike would only fund the government for eight days. americans deserve to know what is the president proposing we do for the other 357 days of the year. >> reporter: both the house and the senate will be in session tomorrow. the senate is expected to take the lead and vote on the scaled- back bill then send it to the house. as many americans brace for the worst, patience is running out. >> they're playing games with people's lives. and i don't think that's correct. >> reporter: even if congress manages to break the gridlock in time, more trouble is just around the corner when the u.s. reaches the debt limit again in a few weeks. tara mergener for cbs news, washington. >>> well, a ne
the bill won't address the trillions in deficit reduction, sweeping reforms and federal spending, the u.s. tax code, or stop across-the-board spending cuts. in both parties' weekly addresses, it's clear a big sticking point remains. >> it's a balanced plan one that would protect the middle class, cut spending in a responsible way, and ask the wealthiest americans to pay a little more. >> the president's tax hike would only fund the government for eight days. americans deserve to...
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Dec 25, 2012
12/12
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KCSMMHZ
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its economic position, driving away tourists and investors, stopping growth and pushing up the state deficit. that israel has approved the construction of 940 new homes -- >> israel has approved the construction of 940 new homes on the outskirts of jerusalem. for palestinians, the land as part of east jerusalem, which would serve as the capital of a future state. they say settlements there violate international law, but israel says it is an integral part of jerusalem, which it sees as its own capital. israel has been pressing ahead with plans to expand settlements since the palestinians were granted observer status at the u.n. to russia has put in place the last section of an oil pipeline from eastern siberia to the pacific. that is a link up that is now almost 5,000 kilometers long. >> the massive project is russia's oil fields direct access to key markets in japan, south korea, taiwan, the philippines, and the usa. >> after six years of construction and around 21 billion euros, the pipeline is complete. russia hopes it will be able to expand sales into the u.s. market. it also wants to sel
its economic position, driving away tourists and investors, stopping growth and pushing up the state deficit. that israel has approved the construction of 940 new homes -- >> israel has approved the construction of 940 new homes on the outskirts of jerusalem. for palestinians, the land as part of east jerusalem, which would serve as the capital of a future state. they say settlements there violate international law, but israel says it is an integral part of jerusalem, which it sees as its...
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Dec 29, 2012
12/12
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KDTV
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normal >> se anunció que se llevarán a cabo juntas para informar de los cierres en la localidad por un déficit presupuestario, se cerrararn en la avenida central en clayton, y en la ciudad de la fayet. >> la madre naturaleza nos dio un descanso de la lluvia regalando días soleados, pero como dice eduardo rodríguez. >> las temperaturas están frias en san francisco de 40 a 49 en napa, gran parte en el sur y sobre todo la nubosidad áreas de llovizna ligera,y luego en las ultimas horas lluvias fuertes en los sectores costeros, lluvia moderada, sin lluvia fuerte, no puede dejar hasta media pulgada, esto para los horarios de la madrugada con temperaturas minimas de 43 gradios regreso más adelante con el pronóstico completo >> un hombre que amenazó a una mujer con una pistola fue baleado en el cerrito, todo ocurrió ayer a las 7 de la tarde en una gasolinera en la avenida san pablo cuando reportaron que golpeaban a la victima >> un hombre de 18 años fue operado de emergencia tras ser baleado en un tiroteo en pittsburg, los hechos se registraron anoche después de un choque de 3 vehículos, lo
normal >> se anunció que se llevarán a cabo juntas para informar de los cierres en la localidad por un déficit presupuestario, se cerrararn en la avenida central en clayton, y en la ciudad de la fayet. >> la madre naturaleza nos dio un descanso de la lluvia regalando días soleados, pero como dice eduardo rodríguez. >> las temperaturas están frias en san francisco de 40 a 49 en napa, gran parte en el sur y sobre todo la nubosidad áreas de llovizna ligera,y luego en las...
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Jan 1, 2013
01/13
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CSPAN
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our deficit this year alone is likely to be about $1.3 trillion. this would reduce it down to $1.24 trillion. with the $60 billion of new revenue that it gains. most importantly it sets up three more fiscal cliffs over the next three months. when appropriation spending expires on march 27, when the debt ceiling has to be increased at the end of february, and when the sequester has to be dealt with at the very same time. so all we have done is to stumble forward and to an even less predictable situation with far fewer resources to invest in our nation and our children's future. thank you, mr. speaker. the speaker pro tempore: the gentleman's time has expired. for what purpose does the gentleman from missouri seek recognition? >> mr. speaker, to address the house for one minute. the speaker pro tempore: without objection, the gentleman from missouri is recognized for one minute. mr. cleaver: thank you, mr. speaker. i don't particularly like the bill that's going to come to the floor. i'm going to vote for it. the reason is that i stumbling through on
our deficit this year alone is likely to be about $1.3 trillion. this would reduce it down to $1.24 trillion. with the $60 billion of new revenue that it gains. most importantly it sets up three more fiscal cliffs over the next three months. when appropriation spending expires on march 27, when the debt ceiling has to be increased at the end of february, and when the sequester has to be dealt with at the very same time. so all we have done is to stumble forward and to an even less predictable...